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Dec 6, 2012
12/12
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are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are primarily in july over the summer. and so it's accurate that interest rates have dropped further than were built into the primary actuarial view. there are two offsetting factors to that, though. one is that home prices have performed better than were used in the actuarial. and that, based on what we know today, even for this year the actuarial would be significantly better if it were performed today just on that one variable. and then the second point is that the act warblee review is a -- actuarial review is a point in time that assumes that we do no f
are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are...
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Dec 5, 2012
12/12
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that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on r
that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic...
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Dec 10, 2012
12/12
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environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still in our economy as we recover from the great recession. that said, that awareness, that recognition that ben bernanke and former cea sheriff lazar -- cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, bu
environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still...
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Dec 5, 2012
12/12
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technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? >> permission to address the house for one minute, mr. speaker, and revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized. >> mr. speaker, members, as announced earlier by congressman ralph hall, we lost a member of the texas legislature, congressman jack brooks, who proudly served his southeast texas district for 42 years after he was first elected in 1952. mr. green: ultimatelying as dean in this house of representatives and dean of our texas delegation. i knew jack brooks from his -- my days in the state legislature and he was one of my mentors when i fir
technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek...
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Dec 7, 2012
12/12
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concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric power generation with quite a bit coming from wind, solar, and biomass. host: with wind having some of the largest gains in terms of its use? guest: right. the wind is utility scale activity. that growth there is being supported by things like the production tax credit, which expires at the end of this year. for solar, it is a combination of utilities collectivities. concentrated solar power, creation of steam, and roof panels. nick mentioned some of the time involved in this. there is two aspects. wind and solar are really dependent. intermittent.
concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric...